The ETC block reward will be reduced by 20% at block number 5,000,000 according to the new monetary policy. Approximately 2 weeks from now.

in #bitcoin • 7 years ago

The new monetary policy sets a limit for the total ETC issuance. The block reward will be reduced by 20% at block number 5,000,000, and another 20% every 5,000,000 blocks thereafter. Uncle block rewards will also be reduced. Due to variations in the reward rate of ETC, we anticipate the total supply to be approximately 210 million ETC, not to exceed 230 million ETC. --A JOINT STATEMENT ON ETHEREUM CLASSIC’S MONETARY POLICY

7 years ago in #bitcoin by
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